Macau Shuts Casinos And Other Businesses To Contain COVID Outbreak

While the government has not imposed the type of citywide lockdown seen in mainland Chinese cities, Macau is effectively closed with most facilities shut. Residents have been asked to stay home and restaurants are only providing takeaway. Residents thronged to food markets and grocery stores on Thursday, spooked that the city would be fully locked down. The government denied the rumours and urged the public not to panic and hoard food, according to local broadcaster TDM.

'Back then Victoria started with 10,000 machines, today there are almost 30,000 poker machines and despite mandatory closing laws operators have found loopholes to provide gambling access 24 hours a day - and in some of Victoria's most vulnerable communities.'

HONG KONG, July 8 (Reuters) - Macau authorities have added two hotels in popular casino resorts to be used as COVID-19 medical facilities from Friday as they try to ramp up capacity to handle a surge of infections in the world's biggest gambling hub.

HONG KONG, July 9 (Reuters) - Macau will shut almost all commercial and industrial businesses including its casinos for one week from Monday, as authorities race to curb a surge of COVID-19 infections in the world's biggest gambling hub.

"We´re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive."

NEW YORK, July 11 (Reuters) - U.S.
stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.

exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)
NEW YORK, July 11 (Reuters) - The S&P 500 fell on Monday as dearth of catalysts left market participants warily embarking on a week back-end loaded with crucial economic data and the unofficial kick-off of second-quarter earnings season.

Market leading growth stocks pulled all three major U.S.
stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19.

Alliance for Gambling Reform coordinator Anna Bardsley has led calls for a reduction in venue trading hours, spin rates and maximum bets after a shocking new report revealed Victorians alone had lost an estimated $66 billion to pokies in the last 30 years.

This week marks 30 years since Victoria introduced the first pokie machines at a pub in Melbourne's eastern outskirts, which then premier Joan Kirner described would result in 'better social, recreational facilities and a better night out.'

The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.

Day of the Dead Not enough zombies in your life? Day of the Dead is based on George A. Romero's 1985 film, the third in the iconic zombie movie trilogy that started with 1968's Night of the Living Dead and rethought zombies for generations to come. The preview includes a scene where zombies rampage through a wedding, and another where the dead body at a funeral tries to come back. Circle of life! It'll premiere on SyFy in October. 

Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.

Doctor Who The Doctor Who trailer is just 38 seconds long, so don't expect much in the way of revelation. But on the good side, this short of a trailer means no spoilers? Jodie Whittaker is back as the Thirteenth (and first female) Doctor.

Army of Thieves Army of Thieves is a follow-up to Netflix's Army of the Dead, in which a motley crew of characters decide that a zombie apocalypse is a great time to pull off a Las Vegas casino heist. Army of Thieves, then, is kind of a prequel to that film, focusing on fan-favorite character Dieter (Matthias Schweighöfer). It's set years before Army of the Dead, but the zombie outbreak is already starting. Nathalie Emmanuel, who stole hearts as the doomed Missandei in Game of Thrones, also stars. The movie will be on Netflix, but there's no release date yet.

Slasher: Flesh & Blood What if Succession met The Most Dangerous Game? The fourth season of horror anthology series Slasher is coming to Shudder on Aug. 12. Iconic horror director David Cronenberg plays a creepy rich guy who directs his family to kill each other to try to win his fortune. Someone call a family therapist, stat!

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